Category: Bitcoin Opinion

The Federal Reserve Bank of St. Louis has released an article today about Bitcoin. In it, the bank notes that the price of Bitcoin has three potential futures: indefinite, infinite appreciation; zero; or somewhere in between. They believe it will be somewhere in between. The authors, David Andolfatto and Andrew Spewak, conclude that one of …

Placeholder co-founder Chris Burniske says the mainstream has forgotten about bitcoin. However, that’s not something to be upset about — it’s a normal phase of crypto’s development into a market-ready technology. Bitcoin Once Again Niche amid ‘Crypto Winter’ Burniske likely refers to the media outlets who have stopped reporting on the crypto industry and also …

The sell-off in US stocks which began in October is establishing 2018 as the worst year the market has encountered in a decade. As of December 28, the S&P 500 index was down about 7 percent on the annual and 15 percent from its high. Other indexes, including the Dow Jones and the Nasdaq, also …

Greg Tusar / Linkedin Despite the price declines that cryptocurrencies have endured this year, an ex-Goldman Sachs executive is still optimistic about the future of digital assets. Greg Tusar, who is a former global head of electronic trading at the New York-based financial giant, likened the current state of the crypto market to the ‘early …

This week, following the scheduled leave of John F. Kelly, United States President Donald Trump has chosen the pro-Bitcoin Mick Mulvaney to serve as the acting White House Chief of Staff beginning 2019. According to the Washington Post columnist Matt O’Brien, Mulvaney has been vocal about his support of Bitcoin (BTC) and in a speech covered …

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Russian Economic Development Minister Maksim Oreshkin has stated that while bitcoin has deflated like a “soap bubble,” it has impacted the world positively by boosting investment in new technologies. Speaking to …

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Bitcoin and cryptocurrencies are here to stay despite the current bear market, says Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange (ICE). When …

It has been a pain to watch the bitcoin charts these past couple of months, but lucky enough I’ve been busy reading about the latest discussions around technology developments to take my mind out of it. Why is the market crashing? What’s bringing it down? Who’s responsible for this calamity? When will it recover? I, …

The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in …

The International Monetary Fund (IMF) has stated in a recently released report that the rapid growth of Bitcoin and crypto could impact the international finance system. The report entitled “World Economic Outlook: Challenges to Steady Growth” published by the IMF read: “Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of risk …